WoodmenLife Maintains Superior A.M. Best Rating
A.M. Best, an independent financial rating agency, has once again affirmed WoodmenLife’s A+ (superior) financial strength rating, reflecting their independent opinion of the organization’s financial strength and ability to meet ongoing insurance and contract obligations.
Out of 15 possible ratings, “A+” is A.M. Best’s second-highest rating. The rating is based on a comprehensive and qualitative evaluation of WoodmenLife’s balance sheet strength, operating performance, and business profile.
“This rating from A.M. Best confirms that we are making the decisions that are in the best interest of our member-customers’ investment.” said Larry King, WoodmenLife President and CEO. “And as we look to the future, we will continue to ensure the long-term financial strength and stability of our organization.”
A.M. Best Company is a full-service credit rating organization dedicated to serving the financial services industries, including the banking and insurance sectors. Policyholders and depositors refer to Best’s ratings and analyses as a means of assessing the financial strength and creditworthiness of risk-bearing entities and investment vehicles. To learn more about A.M. Best, visit ambest.com.
WoodmenLife was founded in 1890 as a not-for-profit. We give back to our more than 700,000 member customers, who share a commitment to family, community and country, and the communities in which they live. With a legacy of financial stability, WoodmenLife offers insurance, annuities, mutual funds,* and 529 College Savings Plans.* To learn more about WoodmenLife, visit woodmen.org.